Eric Trump predicts Bitcoin will surpass $1 million as JPMorgan embraces crypto in mortgage lending.

Eric Trump highlighted JPMorgan's recent shift to allowing Bitcoin holdings in mortgage lending as proof that institutional acceptance of crypto is growing. He views Bitcoin as a superior store of value and hedge against traditional assets, emphasizing its portability and resistance to government control. Trump also cited increasing regulatory clarity, institutional adoption, and AI-driven demand as key drivers for Bitcoin's price surge, predicting it could exceed $1 million. Meanwhile, American Bitcoin Corp focuses on mining and growing its Bitcoin holdings, benefiting from low-cost U.S. energy and flexible mining operations that support grid stability.